Easy Dollar Pension alternative payment scheme whereby the monthly

pension/benefit of pensioners/beneficiaries of various US Federal agencies residing

in the Philippines is directly credited to their savings account maintained with
LANDBANK.
US Dollar Savings account is an interest-bearing dollar account which requires
presentation of a passbook for deposit and withdrawal transactions.
US dollar time deposit where you deposit specific amount of funds in dollar which
earns interest at a pre-determined competitive rate for a fixed period of time.
High yield US dollar time deposit is similar with the former and its only difference is
the latter earns a higher interest than the regular time deposit account.
As what is stated in Landbank’s mission statement, it is evident that they prioritize
loan programs for the borrowers listed in their loan services in order to provide them
with opportunities and sustainability.
One example of this is the ACADEME lending program which seeks to enable
students to enroll, continue and complete their studies.
Government securities are debt instruments issued by the Republic of the
Philippines or any of its instrumentalities to finance public expenditures. It is
regarded as the safest investment instrument in the market, because it is backed by
the full taxing power of the government.
Corporate securities are debt instruments issued by public or private corporations to
finance their operations.
PESO LONG-TERM NEGOTIABLE CERTIFICATES OF TIME DEPOSIT (LTNCD) is
a long-term negotiable certificate of time deposit indicating an amount of bank
indebtedness with a designed maturity.
Personal Equity & Retirement Account (P.E.R.A.)
offers a tax-exempt retirement system which will  help employees or self-employed
individuals (referred to as Contributors) grow their finances  in preparation for
eventual retirement and supplement their future benefits from pension funds such as
the Social Security System (SSS) and the Government Service Insurance System
(GSIS) or from their own employers.
In an IMA, clients gain access to different financial markets without the need to
transact with different brokers or counterparties. Their funds are prudently managed
by LANDBANK’s seasoned traders guided by sound fundamentals and trading
policies.

Banking companies operating as universal banks hold equity shares of many

entities. It enables them to gain investors from the companies in which they hold
stakes. Unlike other firms, Universal banks hold a special place within the investors'
group and investors' have more faith in Universal banks than other firms.
Customers’/ Investors’ trust
Universal banks hold stakes (equity shares) of many companies. These companies
can easily get other investors to invest in their business since universal banks are
large banks, and unlike other firms, it holds a special place within the investors'
group and investors' have more faith in Universal banks than other firms. Because of
this, investors know that universal banks will closely watch all the activities of the
companies in which they hold a stake.

Profitable diversification
The banks can utilize its existing skill in single type of financial services in offering
other kinds by diversifying the activities. Because of this, it achieves economies of
scale from lower operational costs. Even the day to-day expenses will be saved
because all financial services are provided in the same office. In addition, by
practicing diversification, it can reduce potential risks, which can eliminate potential
losses.
Acts as a One Stop Shop
Universal banking offers all financial products and services under one roof, so it
saves a lot of time and transaction costs. It also increases the speed or flow of work.
This advantage gives benefits to both banks and their clients. This can also establish
a long-term relationship with the customers, because universal banks may provide
them with a package of financial services through a single-window.

Monopoly - Universal banks enjoy a monopoly in the market as these are larger banking
institutions. This power can have potential consequences on other institutions and also the
public. Moreover, this disadvantage may leave an impact in a country’s economic
development.
Universal banks are very large. So, they can easily get monopoly power in the
market. This will have many harmful effects on the other banks and the public. This
is also harmful to economic development of the country.

Different rules and regulations - They offer a variety of services. The services that are
offered by such banks may differ from other institutions, and as a result of this, the rules
and regulations applied to these banks will also be completely different. This in turn, may
cause confusion to both investors and employees.
Universal banking offers all financial products and services under one roof. However, all

these products and services have to follow different rules and regulations. This creates
many problems. For example, Mutual Funds, Insurance, Home Loans, have to follow

different sets of rules and regulations even though they are provided by the same bank.

Effect of failure on Banking System - Universal banking is done by very large banks. If these
huge banks fail, then it will have a very big and bad effect on the banking system and the
confidence of the public. This could lead to a systemic financial crisis
The larger the banks, the greater the effects of their failure on the system. The failure of a
larger institution could have serious consequences for the entire banking system. If one
universal bank were to collapse, it could lead to a systemic financial crisis.

Vital in Economic Growth - Banking is considered the backbone of economic growth

of any country because it provides financial aid to the government and the private
sector. Universal banks have become significant in enhancing performance of banks
because of the economies of scale and income diversification developed that
generates higher return and qualitative assets that protects interest of banks’
stakeholders.

Moreover, Universal banks have been acknowledged as vital in economic growth

because of their role in encouraging development through intermediation function,
and its ability to extend other services such as insurance and security trading. With
the trend of universal banks in the Philippine setting, it may be assumed that it can
help in the country’s economic growth.

Advancing growth through sustainability - Landbank provides accessible and

premier technology solutions to deliver appropriate and flexible financial and
support assistance to meet the needs of their customers. Particularly Small Farmers
and Fishers (SFFs), Micro, Small and Medium Enterprises (MSMEs), Countryside
Financial Institutions (CFIs), Local Government Units (LGUs) and government
agencies, while promoting sustainable development anchored on good governance.

Landbank plays a huge role in advocating inclusive growth and national

development. It boosts national government priority programs and encourages
economic growth in many sectors such as micro, small and medium enterprises,
housing, education, and etc.